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Exclusive: Maintaining Malaysia’s digital transformation trajectory - Part 2

Ganesh Kumar Bangah, Chairman of The National ICT Association of Malaysia (PIKOM) | June 3, 2018
PIKOM Chairman Ganesh Kumar Bangah continues sharing insights on the state of play of Malaysia's digital economy.

Malaysia has the right platform to make this successful. 

The Malaysian Productivity Corporation through the Malaysian Productivity Blueprint has empowered the private sector to 'champion' productivity initiatives through 9 productivity nexus, which covers sectors such as information and communication technology (ICT), retail and food and beverage (F&B), electric and electronic, and chemical products. 

The nexus gives a platform for industry associations to have direct access to ministries and government agencies with the objective of ensuring that the needs of the private sector are met while cutting red tape. They make the government business friendly while creating the right ecosystem to ensure that our local industry players remain competitive in the challenging global business environment. This platform can be used to deliver on Promise 31 of Pakatan Harapan's 2018 Election Manifesto: "To Encourage Investment and Improve Ease of Trading and Doing Business" and should be utilised to ensure that government funding are spent wisely on programs that truly benefit the industry."

There are many new technologies that are affecting and changing the way we learn today. 

The Prime Minister of India, Mr. Narendra Modi, recently launched India's Future Skills in Hydrebad at the World Congress of IT 2018, which was held in February of this year. Driven by NASSCOM, PIKOM's equivalent in India; this initiative is an artificial intelligence-powered micro-learning platform that prepares participants for the 55 job roles of the future. These job roles cover eight technology sectors namely; Artificial Intelligence, Virtual Reality, Robotic Process Automation, Internet of Things, Big Data Analytics, 3D Printing, Cloud Computing, Social and Mobile. 

PIKOM is looking at emulating this programme in partnership with the relevant agencies in Malaysia to ensure that we have the talent required to meet the requirements of the industry in the future. To make programs such as this a success in Malaysia, we need to ensure that good policies are continued with further improvements to make them even more relevant in today's fast changing economic environment.

PIKOM recently organised the inaugural SEA Dragon Venture Platform, which links Southeast Asian startups and scale-ups with global investors looking for investment opportunities in the region. 

After a selection process and mentorship programme, 28 scale-ups met with 33 investors at the event, which was launched with the help of MDEC, MDV and Cyberview. The venture capitalist that attended the event were all very impressed by the quality of the Malaysian companies that participated with most stating that our companies were truly world class. Most of these companies are a result of MDEC's Global Acceleration and Innovation Network (GAIN) that helps Malaysian companies grow through market access and investment facilitation. SEA Dragon, another public private sector collaboration helped showcase these companies and bring them to the global stage.

 

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